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Kazakhstan Struggles To Find Enough Crude To Send To Europe

OIL

Kazakhstan is struggling to find enough crude oil to meet requests from European countries for deliveries through the Russia’s Druzhba pipeline system that would allow them to reduce their dealings with Moscow.

  • Germany is supposed to take delivery of a total of 40,000 tons of piped Kazakh oil this quarter, down by almost 90% from what was originally planned according to KazTransOil.
  • Kazakhstan’s producers are struggling to find spare barrels that would help European firms to wean themselves off Russian supply, sources said.
  • The northern branch of the Druzhba system feeds two refineries in eastern Germany as well as plants in Poland. A southern leg goes to Hungary, Slovakia and the Czech Republic.
  • Kazakhstan has the capacity to raise annual deliveries to 6mn tons, the nation’s Energy Ministry Bolat Akchulakov said earlier this year. But so far it has struggled to find even 20,000 tons to pump to Germany.
Energy BulletsCommodities
Energy BulletsCommodities

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